For many in New Zealand, especially in our cities, it's getting harder and harder to buy a house - some have even given up altogether.
Now an unusual new scheme in Tamaki, Auckland is helping first home buyers get on the property ladder.
The trick? The Government will become a shareholder in your house.
The Tamaki Regeneration Shared Home Ownership scheme first puts you through a programme that teaches how to reduce debt and get spending behaviour under control.
If an applicant matches all the criteria the programme will then go in on buying a home in the Tamaki area.
Applicants have to contribute 60 per cent towards the value of the house, with investors like the Retirement Commission taking up to a 40 per cent share.
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